I am no accountant but when someone touted them as a success I took a look and the accounts don't really reflect success on the level the PR does, they reflect heavy investment, borrowing and losses.
They also must have blown a bit on their failed court case. The limited protection of a CRD was referred to in the current series, I think a window fitters support frame thingy, when the Dragons essentially said the guys CRD was not worth the paper. Some one could easily copy the function but change the appearance and be in the clear.